Feds drop redlining consent order for Trustmark National Bank
May 27, 2025Trustmark National Bank is enjoying an early exit from a consent order stemming from a Biden-era redlining investigation. The Jackson,...
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Most Recent Regulation and compliance News
Mortgage
Activists oppose Affirmatively Furthering Fair Housing rule
May 7, 2025A coalition of over 100 federal and state consumer organizations, led by the National Fair Housing Alliance called on the...
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Mortgage
Fifth Third CEO: Deregulation will up competition for banks
Apr 17, 2025Banks are still optimistic that deregulation under the Trump administration will help offset some of the recent turbulence from recent...
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Mortgage
CFPB preliminary injunction likely modified by appeals panel
Apr 9, 2025A federal appeals panel appeared sympathetic to issuing an administrative stay of a preliminary injunction, albeit with certain conditions to...
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Mortgage
Union says DOJ appeals to wrong court over CFPB injunction
Apr 1, 2025The Trump administration’s appeal of a ruling stopping the efforts to shut down the Consumer Financial Protection Bureau was taken...
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Mortgage
Barr welcomes regulatory rethink but Fed needs to supervise
Mar 28, 2025Federal Reserve Gov. Michael Barr.Al Drago/Bloomberg The Federal Reserve’s former top regulator welcomes the Trump administration’s efforts to reform bank...
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Mortgage
Trump picks Russ Vought as acting CFPB director
Feb 8, 2025Office of Management and Budget director Russell VoughtBloomberg News The Wall Street Journal is reporting that President Donald Trump has...
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Mortgage
U.S. Treasury says it was breached by Chinese-backed hacker
Dec 31, 2024The U.S. Treasury Department was hacked by a Chinese state-sponsored actor through a third-party software service provider, according to a...
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Mortgage
Suspended multifamily broker claims Fannie made an error
Dec 12, 2024A commercial mortgage broker put on Fannie Mae’s suspended list says the move “was made in error” and put the...
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Mortgage
Townstone Financial agrees to settle redlining case
Nov 2, 2024Both the Consumer Financial Protection Bureau and Townstone Financial claimed victory in the contentious anti-redlining lawsuit as the mortgage lender...
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